Head of Content, IFSEC and FIREX

Author Bio ▼

Charlotte Geoghegan (nee Wright) is Head of Content for the Protection & Management portfolio, which includes IFSEC and FIREX live events and IFSEC Global.com
February 5, 2016

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Contact tracing and COVID-19 director’s briefing

Honeywell Acquires Xtralis

Honeywell has entered into a definitive agreement to acquire Xtralis for $480 million.

The world’s largest manufacturer of very early warning aspirating smoke detection systems will become part of Honeywell Security and Fire in a deal which is expected to be completed in the second quarter, subject to regulatory approval.

Funds have been advised by Australasian private equity firm, Pacific Equity Partners, and the US private equity firm, Blum Capital Partners.

This is the latest example of consolidation in the security industry which has seen many high profile acquisitions over recent years.

More to come as the story develops.

Interview with Samir Samhouri

Watch our interview with Xtralis CEO, Samir Samhouri, filmed in May 2015.

Read more about Xtralis on the IFSEC Global Directory.

Keep up with the wireless access control market

Download this free report to find out more about:

  • The current state of wireless access control solutions in the market
  • The developing ‘move to mobile access control’ trend
  • Views on open architecture and integration
  • The growing use of the cloud and ACaaS to manage access systems
  • How important is sustainability to the industry?

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